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FNN reported that analyzing the price chart for Kemet (NYSE:KEM) has revealed a potential bullish engulfing pattern.
FNN reported that analyzing the price chart for Kemet (NYSE:KEM) has revealed a potential bullish engulfing pattern.
The market news is quoted as saying,
Yesterday, Kemet traded 479,000 shares vs. average volume of 544,000 shares per day. The company traded 401,000 shares on Friday. Heavy volume increases the reliability of this bullish candlestick pattern.